The End of the 401(k) as We Know It?

For years, we have heard: save for retirement because Social Security might not be available when you need it, and even if it is, it won't be enough. So we socked away what we could all these years, and saw 20-40 percent or more of its value disappear in 2008.

Now, businesses are saying they can't afford to match contributions as they once did, and The New York Times said that the trend will have long-lasting effects: